City Go For Board Members Not Players

03 August 2011 03:22
More directors added to board With less than three days to the start of the Championship season, Coventry City have made two new signings. Unfortunately for supporters, they are new board members rather than the players Andy Thorn needs to boost his squad. The new directors brough in by Coventry City's board are Tim  Fisher and Mark Labovitch. Fisher, who has been acting as an advisor to the club for the last few months, has had a career in the banking sector and and is a former investment banker and the current chairman of Calimere Point, a group of companies offering financial advisory services. Mark Labovitch, whose grandfather ran a shop in Coventry from 1940s to 1960's, is CEO-designate of GEMS Ventures, a division of GEMS, a Dubai-based group which is the world's largest private-sector school-age education provider. He also has had a career in investment banking and has dealt with US and European media companies, including broadcasters and rights distributors connected with football. Chairman Ken Dulieu said that the two new directors had been brought int for their 'massive financial expertise and contacts to the board.' "These are two very important appointments for the future of Coventry City," he said to Sky Blue Player. "Tim and Mark both have a wealth of experience in business and finance, and both have worked with sport and leisure companies. "It is no secret that we are talking to investors and want to attract funding to the club. That will be one key role for Tim and Mark. "I have said since I took over that I want to build the team on and off the field with the long-term aim of success and stability. "We have a very strong board with a wide range of talent and expertise, and Tim and Mark only add to that." More background can be found by clicking on,,10269~2409109,00.html or you can do a google search.